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Uncomfortable Conversations with Josh Szeps

"Should We Ban Extreme Wealth?” with Prof. Carl Rhodes

Uncomfortable Conversations with Josh Szeps

Josh Szeps

Society & Culture, Education, Comedy Interviews, Comedy, Self-improvement

4.5905 Ratings

🗓️ 30 June 2025

⏱️ 66 minutes

🧾️ Download transcript

Summary

Is there something broken about a world where some people are absurdly, insanely rich? Or is inequality the price we pay for innovation? What do Bezos, Gates, Musk & Zuck tell us about what's malfunctioning in our societies? Would be better with no billionaires, or is the anti-rich movement an impoverished politics of envy?

Professor Carl Rhodes was the dean of the business school at the University of Technology, Sydney. His new book is "Stinking Rich: The Four Myths of the Good Billionaire".

Carl and Josh debate fairness, democratic socialism, Bernie Sanders, Steve Jobs, diversity, whiteness, wokeness and wealth.

Watch this conversation on YouTube. And you’re missing out on our best ad-free content if you haven’t popped over to the Uncomfy Convos Substack page.

http://twitter.com/joshzepps

http://instagram.com/joshszeps/

http://tiktok.com/@uncomfyconversations

Transcript

Click on a timestamp to play from that location

0:00.0

G'day, humans.

0:03.8

Welcome to the safe space for dangerous ideas.

0:06.9

Here's a dangerous idea for you, and one that's becoming increasingly popular in our

0:11.0

economically polarized and unequal times.

0:14.5

The idea is that any society which allows people to amass as much wealth as we have allowed the super rich to amass for

0:23.6

themselves is fundamentally broken, that it should not be possible, basically, to be a billionaire.

0:30.7

That's basically the gist of today's guest, Carl Rhodes. He is the former dean of the business

0:37.0

school at the University of Technology, Sydney. He's just stepped down from that position and he's now a professor at UTS Business School. We had him on the show a few years ago when he wrote a book called Woke Capitalism, which was about how big mega corporations cynically manipulate social justice causes to make themselves look superwoke and curry favor

0:56.5

with the social justice mobs. His new book is called Stinking Rich, the Four Myths of the Good

1:04.1

Billionaire. And it examines our attitudes towards people like Jeff Bezos and Bill Gates

1:10.7

and Elon Musk and Steve Jobs

1:12.5

and asks how we should think about the capacity of people to become vast industrialists,

1:19.4

how we should think about hereditary wealth, how we should think about the growth in inequality

1:23.4

caused by the property boom, how we should think about social democracy.

1:27.5

And so Carl and I talk about white privilege and diversity and DEI programs and democratic

1:33.6

Scandinavian socialism and so on.

1:35.9

And basically how to create a more just society and what the unintended consequences of trying

1:42.4

to do so might be.

1:44.0

Hope you enjoy it as much as I did, the one the only, Professor Carl Drove.

1:51.8

Last time we spoke to you, we were talking about woke capitalism, right?

1:55.1

Just chart for me the arc of woke capitalism in the years since we spoke.

2:00.6

I have a sense that we've, we probably

...

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